Fortune Business Insights mentioned that in 2020, the global market size for the medical devices industry was valued at $432.23 billion. This value is expected to grow at a CAGR of 5.4% from 2021 to 2028 to become $657.98 billion. Keep an eye on these gainers.
Wearable Health Solutions, Inc. (OTCMKTS:WHSI) is a stock to watch in the telehealth sector. Telehealth companies such as Babylon, K Health, and Doctor on Demand have brought in billions of investment dollars over the past few years. These are private companies, there are very few plays in the space available to the public, which is why WHSI stock is worth monitoring in this fast-growing market.
Angion Biomedica Corp. (NASDAQ:ANGN) stock has seen witnessing high volatility over the past few months with a fall of over 12% over the past month. Moreover, the stock has fallen 19% so far this year. On Monday, ANGN stock was up 6.85% to $2.34 with more than 71k shares exchanged hands, above its average volume of 316k shares.
National Vision Holdings Inc. (NASDAQ:EYE) is another stock in the sector which has been showing consistent selling pressure over the past week. The stock has moved down 15% over the past month. However, the stock has fallen 15% over the past year. The stock is trading above 8% from its 52-week low and 39% away from its 52-week high.
Alphatec Holdings Inc. (NASDAQ:ATEC) stock is witnessing a bit of selling pressure at higher level. AHCO stock ended higher by 3.42% to $10.59 with more than 1 million shares exchanged hands, below its average volume of 1.01 million shares. The stock is trading above 4% from its 52-week low and 45% away from its 52-week high. Alphatec Holdings, Inc., a medical technology company, designs, develops, and advances technologies for the surgical treatment of spinal disorders.
AtriCure Inc. (NASDAQ:ATRC) is another stock in the Medical Devices sector which has been showing consistent fall. The stock has moved down 11% over the past one month. Moreover, the stock has slumped 13% in the past quarter. The stock is trading above 12% from its 52-week low and 29% away from its 52-week high.
Sanara MedTech Inc. (NASDAQ:ANGO) is another stock in the sector which has been showing consistent selling pressure over the past week. The stock has moved down 17% over the past month. Moreover, the stock has fallen 23% over the past year. The stock is trading above 29% from its 52-week low and 29% away from its 52-week high.
